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The Petulant Teleprompter: Obama "Abruptly" Walks Out Of Debt Negotiations
Update: OBAMA: "THIS MAY BRING MY PRESIDENCY DOWN BUT I WILL NOT YIELD ON THIS" -- REPUBLICAN AIDE; Perhaps Obama may want to put the country ahead of his own interests this one time...
Here is the relevant section in the 14th Amendment that the Constitutional scholar is likely about to invoke. The bolded section is what is largely being ignored.
The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned.
Odd how the debt inccured for payment of pensions is being nicely trampled to make way for debt incurred for payment of Federal worker bonuses...
Orignal:
So far the Moody's threat is having precisely zero impact on the debt ceiling farce, with just 8 days left until July 22. But the latest development is certain to jar both S&P and Fitch, not to mention Dagong, out of hibernation. Reuters reports that President Barack Obama abruptly ended a tense budget meeting on Wednesday with Republican leaders by walking out of the room, a Republican aide familiar with the talks said. The aide said the session, the fourth in a row,
was the most tense of the week as House of Representatives Speaker John
Boehner, the top Republican in Congress, dismissed spending cuts offered
by the White House as "gimmicks and accounting tricks." Either Congress has become the best orchestrated reality TV show in history or, and this is a big or, the market should really consider panicking soon.
Some additional color:
- Cantor relayed this quote: "Eric, don't call my bluff," Obama said. "I'm going to take this to the American people."
- More Cantor: Obama said that the group has until Friday to figure out "which way we're going." They'll meet tomorrow.
Odd. Last time we checked far more Americans didn't want a debt ceiling hike than did:
Overall, voters oppose raising the debt ceiling by a strong 45 percent to 32 percent margin, with the remainder undecided.
But the real eye-opener in the poll is the stiff Republican and swing-voter opposition to a deal. Sixty-seven percent of GOP voters and 51 percent of independents think raising the debt ceiling is a bad idea.
Democratic voters, by comparison favored raising the debt ceiling by a 44 to 21 percent margin. Interestingly, 35 percent of Democrats say they are either undecided on the question, or don’t know enough to have an opinion.
Perhaps Obama believes GM union members are a representative segment of the broad US population...
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Dumpster is an old timer around these parts, a retired detective, if memory serves. Knows what he speaks of...
Yep, that dumpster is a sharp tack. Don't know what we would do without his, how might you say, wit? Only problem know one else knows wtf he is trying to say.
i have always wondered why people like vuisual sharp still makes coffee for his female boss
and carries a bunch of pens in a liner in shirt pocket , abd insists on climbing into jeans that put pressure on your ass
You are clearly as wacko as they get on ZH.
Please go and take your meds and have a nice long rest. You are in great need of mental therapy and have undoubtedly missed your last seven appointments.
Please take better care of your mental health.
he saved nobody they said ,, but he only saved himself life 1.23 relevent
Uh . . . uh . . . um . . . what the fuck does this mean?
Dumpster, we need a code book to read your posts. Speakie the Engrish?
Speakie the Engrish?
I'm tired and that is so fukking funny it hurts.
You must have relax! You must try unwind!
The Repubs need to hire Donald Trump as their front man in negotiations ... just to hear him say something to the effect of "Don't let the door hit you in the ass ... you're fired!"
+1 He's the only one who seems to be able to get Obozo's goat.
+ o!o
you got that right. The donald rocked on apprentice. I couldn't stop thinking what a great president he would be.
http://video.search.yahoo.com/video/play?p=obama%20roasts%20trump&tnr=21......
You must be joking. Trump has made many terrible decisions on that show.
now why would the Donald have run out and played spoiler with the BC, then turned and ran away so quickly?
talk about orchestrated theater
Politics? Orchestrated? Inconceivable!
+1
petulance in kabuki.
<after the update>
/where's my wolverine enema kit? Someone is stopped up, Big Time./
you bastard.
you're straining my marriage.
my wife thinks i'm crazy now, because it's 7 in the morning and i'm laughing at the comments on ZH.
Bammy get mad a take his ball home.
don't go away mad...just go away
I expect williambanzai to take over this subject from now on
He voted for him. He said so in the forums.
I think Obama has had about enough. Better to walk out than slug someone.
Better to behave maturely.
Fuck all. He is the president.
Maybe Biden'll remind him;
"This is fuckin' big."
POTUS has been drinkin' his own koolaid.
Hat tip to anyone who can 'splain the difference between raiding the govt pension "g" fund and default. Thanks.
Raidin' the G find is like takin' from your left pocket and puting it into your right pocket. Default is when you take from my pocket and put it in your pocket and don't put it back in my pocket before I notice.
- New World Order Credit Analysis Handbook
I suggest adding some Federal allowances to your paychecks until this is resolved. They're not keeping my money.
LOL
Obama is a traitor to the middle class, but, even worse, republicans are servile paid whores of the rich who can never never never have enough. Wars without increasing taxes, bailing out their banks.
If I were Obama, I would probably slug of those shits, but glad he didnt ... just what they
they would have loved.
Only faggots and sailors are named Lawrence.
Lawrence Fxxxxxx Mayor, the champ of self-deprecating humor!
Nobody better call me Francis. And all of you homos keep your hands off me and my stuff.
Lighten up, Francis.
+1. And his ass looks like 100lbs of chewed bubble gum!
Umm Larry, baby who collected moe money from Wall St in 2008 R or D?
I think the D's are in the process of screwing everyone..
This "walk out" was planned from the get-go and Obama's handlers even discussed it with Boehner's handlers. This way the big O-ring gets to show the people that he has backbone and cares and the repubs get to accuse him of being petulant and childish. Both sides win.
walking out is not satisfying. i've always preferred slugging a man who disagreed with me.
Buy you a drink?
in which bar do you prefer your slugging?
I prefer gold bars.
TD should add a dating service for us. Esp. since he has an ad by the hunky 72-year-old physician body builder who's selling something here. Nice physique but a little too old.
the ones with liquor ; )
liquor? I hardly know 'er.
That never stopped you before : )
True. I'd do it "in a long island minute."
Actually thats what he did, but without using his fists. Smart.
Yeah, cause he's got skinny toothpick girl arms.
Hey now, that's sexist.
And by the way, I'm not intending to start a shit storm here (ah hem) but I just wonder when the fuck some democrat is gonna call the republicans racist for not giving into the grand poobahs desires? Line/time/over/under?
My money is on 2 years ago.
LOL
Priceless
There were a few child customers (21 or so.. child to me at near 52) that I would have loved to slug... but took my self out, clocked out for the day and went fishing.
The following day boss asked me why I walked out. I told him to save that customer's health and my own freedom.
It would take 6 months before I could let it go.
It was real good to feel the old blood run with the fury and desire for properly adminstered violence.
Sometimes a good old smack down is the only thing that gets he point across. Had my nose broken a few times in my youth because I was a smart-ass punk without respect. Now I do the breaking if need be..... and so it goes........you have to learn some how. (but not worth the loss of good employment and freedom, in most cases)
He should have pulled out his .40 and popped some caps in some asses. Sometimes you just have to ask yourself.......what would Pol Pot do?
F'n A Right!
/50% sarc/
+1
If anyone pulls a weapon and draws down on me or anyone else without sufficient justification, I will be forced to exercise my own Permit and it will NOT be a good thing for anyone.
Korean pols slug it out in parliament regularly and then go out and get hammered together....everything is cool unless teeth get knocked out...
I was looking for the ZH article when Cantor walked out. Can anyone help me find that?
My grandma is holding it hostage ;-)
I don't understand why this website (which is full of great information) is turning into a right-wing conspiracy theorists site (birthers and people who believe Bin Laden is alive or never existed). It's almost as if history was rewritten and the whole 14.5 Trillion dollar national debt was all spent by Obama.
Thanks for the laugh. Fuck Obama.
That pretty much sums up the level of 'leader' we're dealing with: ABSENT!
Who could have ever predicted we would hit the debt ceiling? Certainly no one! Seriously, we didn't even have a budget until 2.5 months ago! How could the O-man possibly be responsible??
+1
+2
Coulda all been taken care of 2 years ago when there was a super majority....
@Knuckles: Exactly!
Isn't it amazing how that fact is rarely mentioned? The O-man could have approved any budget he wanted and raised the debt ceiling too! But, he passed healthcare and his popularity was already waning. Now, it's Congress and the Republicans fault?
I'm no fan of the Republicans, but Obama is a fucking loser!
+100
michelle's got more balls than that POS. a few months ago, obama got his lip split, and had to get stitches. they said it was a basketball game, but I would bet real money, michelle showed him who the bitch was
I'd like to say something in a reverse psychoanalytical way, "there's no way debt ceiling will not be raised".
Don't stop after walking out of the room. Keep on going. Walk out of the White House. Quit your job. Get the heck out of this country and never, ever come back.
Not disagreeing...but then what? Biden?
Typical response. Thinking about 3 minutes into the future. Just wait to see how many of the Tea Party get really pissed when no debt ceiling is agreed to. Those Social Security checks will stop -- yeeehaw! The guns will come out then. Not like they weren't warned.
I know quite a few people on Social Security. Not one of them has a gun. I'm not sure I'm following you.
I'm on Social Security and I've got an arsenal. Now you know one.
You just live in a pussified community/state/shithole.
Wait for it...
Nah, it might be a statistical anomaly. I know a guy with an arsenal that is about to go on SS. Most grandmas and grandpas just don't have arsenals. I think you might be overestimating your numbers. If you want to get mowed down like the WWI vets over a shitty SS check, be my guesssss-t. Hey, hewkt on foniks, werkt for me.
Never did I say that I would take up arms. I could care less if the check never arrives. I've seen to my own betterment and don't need it. But a lot of others aren't so prepared.
'Those Social Security checks will stop -- yeeehaw! The guns will come out then.'
This is what I'm not getting. Social Security checks stop and this leads to armed resistance? Am I reading that incorrectly? Then you say you have an arsenal. Do you see how I got the impression I did?
The point was the conflict with the constitutionalists and small government crowd when it runs smack into money coming in the mail.
I think quite a few of us are willing to take our chances with octagenarian Rambo's. That is not saying it should happen that way but if it does it had to start some time.
TO: Calmyourself
on Wed, 07/13/2011 - 22:59
#1454856
" I think quite a few of us are willing to take our chances with octagenarian Rambo's."
CY, be very careful what you wish for because, i promise you, when the arms and legs start to fly, it won't be pretty.............
It's not the geriatric Rambo's you have to worry about, it's the Zaytsevs.
You seem to read a lot of stuff that isn't there. Nobody is talking about coming after you -- unless you're a banker, politician, or sympathizer. Besides, I'm only 62 and probably more fit than your roly-poly ass.
Well my Dad will beat up your Dad so there!
+1
Know what you mean. Biden wouldn't be able to get away with as much without more people having a hissy. I'm absolutely amazed at how so many people identify with him as a matter of racial solidarity. It is totally ridiculous. Biden would not have the benefit of the reflexive support from the same cadre.
But you're right. I don't want Biden either or anyone else in the line of succession. He would be a compliant puppet too. Maybe Eric Holder would run away with his buddy BO. Then again, John Yoo still has his law license, doesn't he?
We are in bad, bad shape.
So, does this mean we are going to see an "Executive Order" we have seen discussed here in the past?
About what?
I hereby command you keep issuing the debt?
Nobody sane is in that great of denial.
Possibly.
Well, then again.
Never mind.
never misunderestimate the insanity . . .
http://finance.yahoo.com/news/GOP-leader-says-give-Obama-apf-725560.html...
I mean honestly. How does anyone fall for the Rep/Dem faggot fest anymore? They are so utterly ridiculous.
The Passion of the Owebama
LMAO!!
Yayweh, forgive them, they know who they're stiffin'! :>D
That's the way Community Activists roll.
"I would recommend you panic." --Hugh Hendry
Reminds me of shit my 7 year old pulls...Without a Teleprompter of course.
How would you characterize others who walked out of previous talks? Do you have any more children?
Look Rocky, we all know you love Obama because he is the country's first fully and strictly practicing faggot President, not that there is anything wrong with that, but you really need to look at the larger picture.
Lay off Rocky.
Yeah, I'm not sure if I'm reading him correctly with all the troll static on this thread. For some reason I can't edit that comment either. He'll be fine I guess.
You guessed right. What you will find from my comments is that I will take an adversarial position from any that promotes the political divide-and-conquer tactic. The many here who are taking Obama to the woodshed are the ones you should fear. In one instant they abhor the way the "sheeple" are divided by the Dem-Rep dichotomy -- and they are doing the very same thing. The hypocrisy of a Republican walking out of the "talks" and then Obama does the same basic thing, all over philosophical, political, and doctrinal positions. It's all crap. I'll take the side of the under dog in any of these pseudo-battles.
There is your "larger picture".
BTW you can't edit a comment that has replies, only before.
Yeah, I don't like the partisan division that plays into the oligarchs' hands. My way of dealing with it is to rip both parties. Shills on both sides mock Ron Paul so he might be worth something. However, he might be a stooge and pond scum too for all I know. Politicians are just the lowliest people on Earth. You're alright though. I just don't see why you'd defend any politician except maybe Ron Paul. All of these people at these "negotiations" are answering to the same group of oligarchs and they are all just playing their part. I don't buy any of this shit anymore.
Taking the road less traveled will sharpen your wits and provide you with verbal ammunition in making your case in any social setting. Seeing points of view opposed to your own cannot be a bad thing, but wallowing in the mud of your fellows creates an ossified outlook. Be sharp, be flexible, be willing, be better.
Well said Rocky. One thing to remember though: If you decide that you believe a very unpopular position (ie. Repub vs. Dem = Turd Sandwich vs. Douchebag à la Southpark) and learn how to articulate said position you will become a vicious arguer and will make anyone who debates you very angry.
Defending a minority position means that you`ll be debating someone who`se just re-enforcing the status-quo (which they probably don`t even understand) and will give you the same points you`ve already heard dozens of times, which you will shred. He won`t probably even graps your counter points. Being polite seems to make things worse.
Totally agree, I just grin at anyone that is hardcore Rep-Dem, it's all a facade for the "haves". That said, this is the most slant article I've seen written on ZH, and it’s a total disappointment. Energy should be focused at the damage both groups of assholes are doing to this country of ours.
They both walk out, they both throw fits, they both cry when the other group doesn’t pull their weight. And as for those lame ass poll numbers, as slick Willy C. pointed out there shouldn’t be a concern about the debt ceiling now because it’s to fund the shit that WAS ALREADY VOTED ON. It’s like buying a car and then saying to the dealership I won’t pay you because I have a policy of not paying more than x amount – you bought the f*cking car, pay the man. If you don't want to buy an expensive car in the future, fine, but don't ruin your credit in the process.
Correct, correct, and correct. I pointed out elsewhere that the article is intended to create hits. Happens now and then. Watch for them and don't fall into the partisan trap.
"What you will find from my comments is that I will take an adversarial position from any that promotes the political divide-and-conquer tactic."
And yet you go all apeshit at me because I showed that the 1% line is bogus: 1% is just the sort of people that the elite need to keep on board. If there is going to be class warfare, let it be between the .01% who own this country and all the rest of us.
the 1% line is propaganda, meant to defeat any meaningfull action. Because no real change can happen without some part of the 1% pushing it.
oh, and take the square root of all of that
The 1% as a whole would be well-advised to aggressively differentiate themselves from the criminals in their midst, imo, rather than foolishly promoting this "c'mon, guys, it's not fair to pick on us" crap against the 99%. You can, of course, fool the majority . . . until you can't. And that day will come--the numbers should speak for themselves. Better to get out ahead of it than to go down with their ship . . . especially since they're the only ones who will have lifeboats.
19:28 13Jul11 RTRS-OBAMA: "THIS MAY BRING MY PRESIDENCY DOWN BUT I WILL NOT YIELD ON THIS" -- REPUBLICAN AIDE
No short term deal, Obama will veto.
I think this shit just got real.
THIS MAY BRING MY PRESIDENCY DOWN
Oh . . . Pleeease!
Oh please call his bluff, oh please, oh please
Oops
And we kick off the campaign season.
There was a time when the President would have been called a pansy for walking out, a true life little boy-child.
not an ideologue though is he?
Does he really believe in anything (for long)? Except Himself, of course....
[not an ideologue though is he?]---Everybodys All ...
Hi Everybodys.
I have enormous respect for ideologues. People who consistently act with conviction based on their beliefs and values.
The problem with Obama isn't that he's an ideologue. The problem is his "ideo" is contrary to that of our nation's founding principles.
Pragmatists and hypocrits I loath equally.
That's what the script says. I think his performance is a little stilted though. I guess we'll see how he does in the final act.
You know I wonder. Talk radio (I realize they are controlled too) is very strongly against raising the limit with taxes. If congress really does this and doesn't raise the ceiling, this would delay hyperinflation and the commodity run (like $10000 gold). Don't know what's going to happen, just talking out loud.
I think this shit just got real.
Maybe, time will tell. If so, that is a good thing because we need to stop denial and understand just how serious our predicament has become.
It is a real confidence builder that our fate is in the hands of Bam, Bennie, Biden and Boehner .... :-)
sschu
No, the fate of a debt ceiling raise is in the hands of Rand Paul, since he will filibuster any attempt to raise it and both sides know there aren't enough votes (60 to be exact) to bring closure. And I am very confident in both Ron and Rand Paul to follow through on their promises. Without immediate cut of around $500B and then cap to 18% of GDP this thing has been dead on arrival for months and both sides know it. That's the reason for the the establishment posturing.
Finally, we may get the reset we needed in 2008.
Shit, I forgot about that. Given the political space that he occupies, he has to follow through on it too, or he's a goner. My guess is that he relents 11th hour (like Bernie), keeps face and then it's curtains on the puppet show.
on Wed, 07/13/2011 - 20:16
#1454306
"It is a real confidence builder that our fate is in the hands of Bam, Bennie, Biden and Boehner .... :-)"
the truths contained in that statement are truly terrifying......................
How exactly does any president veto the failure to pass a bill? That's a new one on me!
which way we're going? down, baby, down!
He's an actor, he is acting. Oscar worthy i might add. And if he isn't a very good actor, then americans must be really really dumb to still believe all this theatrical non-sense.
actors, all. they'll drag it out and stamp the deal they've already decided at the last minute.
Probably a cigarette break.
Wheel Of Fortune
Category:
People who annoy you-
n_ggers
http://www.youtube.com/watch?v=ayBqO0IzCjQ
What a n_gger
South Park is funny unlike you.
You have to do as I say, I am a minority, well half of a minority
I wonder if the band on the Titanic argued about what song they were going to play next?
No.
They simply switched to a song to drown by.
"Nearer My God to Thee" wasn't it?
TOOL: Learn to Swim? :-)
I just fell off my chair laughing! Thanx! I needed that.
Barry Sotero (aka TOTUS) is a fucktard...nuff said
Hey Barry, don't let the peoples "DOOR" hit you in the ass on the way out of "OUR" house!
Speaking of doors.... is there ANY way to get this clown out of office, like yesterday? Please?
Obama will bring down his own presidency. OK. Time to short symbol "O"
Would someone who's actually read the book "Getting to Yes" please provide some assistance to these people?
The amusing thing is, I think that Biden is actually mentioned pretty prominently in that book. I don't think that the problem is that either side lacks negotiators- they probably have already agreed on pretty much whatever the status quo is, because to force the country into default would pretty much be the end of the world, and thus themselves. What is going on now is that each side is trying to extract the maximum MSM brownie points.
could be wrong tho.
on Wed, 07/13/2011 - 20:06
#1454283
" What is going on now is that each side is trying to extract the maximum MSM brownie points."
the deal is already done.....this is just theater for the morts.......nothing will really change.....it's all about the elections in 2012 and 'the players' posturing to gain the maximum advantage from their CONtributing CONstituent bAsEs ................
So much for the "tallest midget" in the room! FX well bid!
I'm waiting for the scene where some of them fall on their swords to prove their side is right. Hopefully, it'll be everyone that was in that room. Perhaps their replacements can be chosen from a pool of adults instead of ignorant, arrogant, petulant children.
Good luck with that one. Most sane adult's know better than run for an office that get's blamed for everything under the sun by everyone everywhere.
petulant 'geriatric' children.
We NEED Tax Breaks!! for the Rich!
We NEED Forced Austerity for everyone except the Top 1%!
We NEED Cuts across the Board!! that effects everyone but the Top 1%!
We NEED ALL of these things so that "We the Sheepish Consumers Masses" can be squeezed enough to cause action!
Anything that makes the Rich, Richer and the Poor, Poorer! is Great! for the Country because it will more quickly bring about change that "We the People" truly can believe in!
I usually do not like the spamming which you do, but honestly, your above post was well phrased, and skipped the usual unnecessary TL/DR.
Sorry Rynak, JW in Fl is all about noise but not a lot of substance. The famous 1% is not a homogeneous group. Some earn their income by working and some by investing and their contributions and taxes are not the same. But, it is a great slogan to say down with the 1% etc.
There are way too many different fiefdoms being fought for, let's not settle for the easy but ignorant sloganeering. We are much better than that.
I agree. There's nothing wrong with succeeding, and 1% is millions of people. Make that .001% and maybe he has something.